Self-employed Retirement Plans Sparks NV

A SEP IRA is a retirement account for self-employed professionals and business owners. For 2008, you are eligible to contribute up to 25% of your adjusted gross income with a cap of $46,000. One of the great benefits of a SEP IRA is that the money goes in pre-tax, grows tax deferred and you are eligible to save much more than if you had a 401.

Joseph Hollen
Hollen Financial Planning, Ltd.
(775) 827-0670
P.O. Box 6629
Reno, NV
Expertises
Ongoing Investment Management
Certifications
NAPFA Registered Financial Advisor, CFP®

Vicki Schultz
Schultz Financial Group, Inc.
(775) 850-5620
10765 Double R Blvd., Suite 200
Reno, NV
Expertises
Helping Clients Identify & Achieve Goals, Retirement Planning & Distribution Rules, High Net Worth Client Needs, Ongoing Investment Management, Alternative or Private Investments, Real Estate Investments
Certifications
NAPFA Registered Financial Advisor, BS, CFP®, MBA

Mr. Wesley W. Griffin, CFP®
(775) 356-0955
PO Box 826
Sparks, NV
Firm
Contact Employee Benefits, Inc.
Areas of Specialization
Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Education Planning, Elder Care, Employee and Employer Plan Benefits, Estate Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $100,001 - $250,000

Profession: Self-Employed Business Owners

Data Provided by:
Mr. Arthur C. Lane, CFP®
(775) 824-0555
1575 Delucchi Lane
Reno, NV
Firm
Western International Securities

Data Provided by:
Ms. Elizabeth J. Dart, CFP®
5200 Neil Rd
Reno, NV
Firm
First Wall Street Financial Advisors
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Intergenerational Planning, Retirement Planning, Social Security Planning, Socially Responsible Investments

Data Provided by:
William Kirby
Kirby Group, Inc.
(775) 853-4159
13375 West Saddlebow Drive
Reno, NV
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CFP®, MS

Mrs. Joanna Moran, CFP®
(858) 361-0011
1310 Coachman Ct
Sparks, NV
Areas of Specialization
Comprehensive Financial Planning

Data Provided by:
Mr. Curtis W. Bickford, CFP®
(775) 829-7210
765 sienna park dr
Reno, NV
Firm
Ameriprise

Data Provided by:
Mr. Doyle H. Brown, CFP®
(775) 829-9633
1575 Delucchi Ln Ste 222
Reno, NV
Firm
Windrose Retirement Income Planners, Inc.

Data Provided by:
Mr. Michael P. Costelloe, CFP®
(775) 825-1144
1575 Delucchi
Reno, NV
Firm
H Beck, Inc
Areas of Specialization
Comprehensive Financial Planning, Employee and Employer Plan Benefits, Investment Management, Long-Term Care, Retirement Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000



Data Provided by:
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S.E.P. IRA for Solo Business Owners

Q: I recently launched my own business and have been told to set up a S.E.P IRA account. Can you explain what this is and why it is recommended for independent business consultants?

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A SEP IRA is a retirement account for self-employed professionals and business owners. For 2008, you are eligible to contribute up to 25% of your adjusted gross income with a cap of $46,000. One of the great benefits of a SEP IRA is that the money goes in pre-tax, grows tax deferred and you are eligible to save much more than if you had a 401(k). It is important to note that the SEP IRA is just an account, you still have to pick investments (particularly mutual funds) for it. If you are just getting started, a Target Date Retirement Mutual Fund is a great place to start. Just pick one based on the year you would like to retire.


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